Page 1
Page 1
Started By
Message

GEIG Stock

Posted on 12/3/14 at 3:06 pm
Posted by TechDawg2007
Bawville
Member since Nov 2007
32249 posts
Posted on 12/3/14 at 3:06 pm
I just stumbled across this and it's trading at .0002. I saw where the 52 week high was $80 It was once around $150. What happened to this company?
This post was edited on 12/3/14 at 3:07 pm
Posted by Boh
Baton Rouge
Member since Oct 2009
12357 posts
Posted on 12/3/14 at 4:53 pm to
Damn, apparently someone messed up at that company.
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 12/3/14 at 5:51 pm to
Time to back the truck up
Posted by TechDawg2007
Bawville
Member since Nov 2007
32249 posts
Posted on 12/3/14 at 5:51 pm to
quote:

Time to back the truck up
Are you suggesting buying this?
Posted by Haydo
DTX
Member since Jul 2011
2949 posts
Posted on 12/3/14 at 6:02 pm to
They're relatively new (publicly) to the market. Tech company specializing in fuel cells. Seems like they've been making progress from what I've read.

Couple of good articles (all from Seeking Alpha):

LINK

LINK

Could be worth buying a few 100k shares. Only $.0002. Potential is definitely there.
This post was edited on 12/3/14 at 6:03 pm
Posted by chillygentilly
70122
Member since Aug 2012
2569 posts
Posted on 12/3/14 at 7:21 pm to
quote:

I just stumbled across this and it's trading at .0002. I saw where the 52 week high was $80 It was once around $150. What happened to this company?


It never actually traded at those prices

It's always been an OTCBB stock and they issued a literal frick-ton of new shares and convertible notes in the past year which diluted the shite out it's stock.
This post was edited on 12/3/14 at 7:28 pm
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 12/3/14 at 8:06 pm to
Yes but jokingly. I don't know much about them but less than 1 cent a share doesn't coins too good.
Posted by Boh
Baton Rouge
Member since Oct 2009
12357 posts
Posted on 12/3/14 at 8:27 pm to
So spend a few bucks on 100,000 shares then hope this thing cranks back up to $80/share?? I'm in... retirement!

But seriously I don't know anything about fuel cells. Need to take a look at some financials - I mean, probably 99% of these 0.0001 stocks remain worthless long term right?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/3/14 at 8:28 pm to
Posted by chillygentilly
70122
Member since Aug 2012
2569 posts
Posted on 12/3/14 at 8:38 pm to
quote:

Need to take a look at some financials


Not much to look at. $0 revenue and $5 million in expenses so far this year
Posted by Boh
Baton Rouge
Member since Oct 2009
12357 posts
Posted on 12/3/14 at 8:51 pm to
impressive
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7132 posts
Posted on 12/5/14 at 7:35 pm to
Over the past 5 days, you could've doubled your money on numerous occasions.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7132 posts
Posted on 12/7/14 at 1:15 pm to
If I get in at .0001 cent per share, what are the odds I'd be able to sell at .0002 cents per share(ie, find a buyer)?
Posted by lsugradman
Member since Sep 2003
8545 posts
Posted on 3/23/15 at 11:37 pm to
What is going on with this stock? Did it really shoot up to $0.18 a share?
Posted by Boh
Baton Rouge
Member since Oct 2009
12357 posts
Posted on 3/24/15 at 12:04 am to
Looks like a reverse split 1 for 2,500. Would mean the per share price could have changed from <.0001 to 0.18 or so with a lot less
shares outstanding.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram